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We make use of a bootstrap panel analysis of causality between energy use and economic growth for a sample of sixteen African countries over the period 1988-2010. Our results show that growth and energy use are strongly linked in Africa. However, African countries are heterogeneous and there is...
Persistent link: https://www.econbiz.de/10013051383
that there is an inverted U-shape relationship between environmental degradation and income; while for the second …
Persistent link: https://www.econbiz.de/10013053065
We study how the shadow economy affects pollution and how this effect depends on corruption levels in public administration. Production in the shadow economy allows firms to avoid environmental regulation policies; a large informal sector may be accompanied by higher pollution levels. Our...
Persistent link: https://www.econbiz.de/10009368501
impacts on labor movement and income distribution. We apply our analytical findings to reasonable parameters for a large set …
Persistent link: https://www.econbiz.de/10012992447
This paper concerns international coordination of environmental taxation.The main contribution of the paper is to provide a frame-work for dynamiccost benefit analysis of environmental tax reforms in a global economy withtransboundary environmental problems. We show that the welfare effects...
Persistent link: https://www.econbiz.de/10005094371
An effective policy scheme to overcome the suboptimal low provision levels of global public goods is developed in this paper. By suggesting a decentralized approach to raise environmental public good provision levels we take account of the lack of a coercive global authority that is able to...
Persistent link: https://www.econbiz.de/10005405993
In a model where firms face a continuous choice of how much to invest in environmental innovation, we show that an ever stricter environmental policy does not always lead to ever cleaner production methods and ever lower production of polluting goods. It does so when the abatement technology is...
Persistent link: https://www.econbiz.de/10010781544
This paper explores the role of trade instruments in globally efficient climate policies, focusing on the central issue of whether border tax adjustment (BTA) is warranted when carbon prices differ internationally. It shows that tariff policy has a role in easing cross-country distributional...
Persistent link: https://www.econbiz.de/10009147741
This paper explores the existence of downward nominal wage rigidity (DNWR) in the industry sectors of 14 European countries, over the period 1973–1999, using a data set of hourly nominal wages at industry level. Based on a novel nonparametric statistical method, which allows for country and...
Persistent link: https://www.econbiz.de/10005406091
of law. As theory on this specific question is scarce and the rule of law is closely associated with income levels, we …
Persistent link: https://www.econbiz.de/10013000219